"Stable Asset Management Through Monthly Distributions"... RISE Daily Fixed Covered Call ETF Marks 1st Anniversary with Event

KB Asset Management announced on October 14 that it will be holding a customer appreciation event to mark the first anniversary of the listing of its monthly distribution covered call strategy exchange-traded fund (ETF) series, "RISE Daily Fixed Covered Call."

Starting from October 15, customers who certify their ETF purchases will be eligible for a prize draw, with various prizes including: ▲ a dining voucher for two at The Parkview, Shilla Hotel ▲ a 50,000 KRW gift certificate for Baemin (Baedal Minjok) ▲ a Starbucks Americano, among others.

In addition, to commemorate the first anniversary of the "RISE Daily Fixed Covered Call" series, KB Asset Management will host a live seminar on the official "RISE ETF" YouTube channel at 5 p.m. on October 16. Fund manager Sung Nakhyun, who is in charge of product management, will appear to present the performance of the "RISE Daily Fixed Covered Call" series over the past year and discuss future management directions.

Currently, KB Asset Management operates three ETFs in the "RISE Daily Fixed Covered Call" series: ▲ RISE US AI Value Chain Daily Fixed Covered Call ▲ RISE US Tech 100 Daily Fixed Covered Call ▲ RISE US Dividend 100 Daily Fixed Covered Call.

This series applies a "third-generation covered call" strategy, selling call options daily at 10% of the underlying index weight. This is designed to secure premium income during periods of increased market volatility while still tracking over 90% of the index's gains.

Since listing, the ETFs have provided investors with stable cash flows through monthly distributions. Over the past year, the distribution rates have averaged around 18% annually: RISE US AI Value Chain Daily Fixed Covered Call (17.48%), RISE US Tech 100 Daily Fixed Covered Call (19.75%), and RISE US Dividend 100 Daily Fixed Covered Call (17.88%).

The performance has also been outstanding. According to FnGuide, as of October 13, the RISE US AI Value Chain Daily Fixed Covered Call ETF posted returns of 29.64% over three months, 77.75% over six months, and 63.27% over one year. This ranks first among 23 overseas covered call ETFs during the same period.

No Areum, head of the ETF Business Division at KB Asset Management, stated, "The RISE Daily Fixed Covered Call series has received a tremendous response, surpassing 500 billion KRW in net assets within just one year of listing, thanks to its consistent monthly distribution performance. We will continue to expand our lineup of stable income ETFs that are resilient to market volatility."

This content was produced with the assistance of AI translation services.